Thread regarding Intel Corp. layoffs

Intel using CHIPS Act funds to invest overseas, while laying off thousands in the US

https://www.reuters.com/business/intel-invest-12-bln-costa-rica-over-next-two-years-2023-08-30/


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| 1301 views | | 6 replies (last September 1, 2023) | Reply
Post ID: @OP+1onOMd6X

6 replies (most recent on top)

Many years Intel pays little to no taxes so stop whining about not getting enough help from the gov't and do your damn job.

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Post ID: @1iqg+1onOMd6X

i think that I have lost track of how many times our own government and "US" businesses have stabbed their own folks in the back

it is sort of taxation with back-stabbing representation

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Post ID: @1qvm+1onOMd6X

The tax break gritting by the CEO is embarrassing. Now we have all these fake Fab sites like Ohio One with parking lots and shell buildings.

Intel can't fill the tabs already up and running. Each quarter there are millions in under loading charges...

What a cluster.

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Post ID: @1lcq+1onOMd6X

Next there will be salt in the wound as they move the jobs as well to CR!!!

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Post ID: @1cib+1onOMd6X

SAN JOSE, Aug 30 (Reuters) - Intel (INTC.O) will invest $1.2 billion in Costa Rica over the next two years, the company said in a press release on Wednesday.

The announcement comes after the U.S. State Department said in July that it would partner with Costa Rica's government to support the Costa Rican semiconductor sector through the 2022 Chips and Science Act.

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Post ID: @gbo+1onOMd6X

Don’t forget that PG dipped into your pocket and reduced your pay !!

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Post ID: @bdz+1onOMd6X

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